Current Issue : April-June Volume : 2022 Issue Number : 2 Articles : 5 Articles
The general objective of this paper is to analyze the influence of economic growth on CO2 emissions in the Republic of Congo. The data used cover the period 1980-2015 and were extracted from the World Bank’s World Development Indicator (WDI 2021) database. Through ARDL modeling, the results show the existence of an inverted U-shaped curve between economic growth and carbon dioxide emissions in the Republic of Congo over the period. However, the Gross Domestic Product variable has no effect on carbon dioxide emissions in the short term. With respect to the environmental protection policy instruments deployed, the Republic of Congo represents a good example of governance. Thus, we recommend that the government strengthen environmental protection and renewable energy policies so that economic growth is always achieved without carbon dioxide emissions exceeding environmentally acceptable limits....
As a city-state, Singapore has created a series of economic glories in OFDI in recent years and has accumulated a wealth of investment experience. How to better carry out foreign investment, reduce losses and learn from Singapore’s experience is of great practical significance for China to build an investment system. Based on the statistics of the World Investment Report of the United Nations Conference on Trade and Development, this paper analyzes the existing problems and makes suggestions through the quantitative analysis of Singapore’s OFDI data, and summarizes the inspiration that Singapore has given to China in the field of OFDI....
The separation of enterprise ownership and control has led to conflicts of interest between its owners and actual managers. Incentives for executives have become an important means to reduce the contradiction between the two. Based on the principal-agent theory and rent-seeking theory, this article selects all listed companies in China from 2013 to 2018 as research samples and divides them into state-owned holding companies and non-state-owned holding companies, exploring the effect of executive compensation incentives on corporate tax avoidance behaviors under the nature of different property rights. The results of the study show that for non-state-owned holding enterprises, executives’ monetary remuneration, equity incentives and corporate tax avoidance have a significant positive correlation; for state-owned holding enterprises, there is no significant relationship between executives’ monetary remuneration and corporate tax avoidance, and equity incentive is significantly negatively correlated with corporate tax avoidance....
In the countries in transition, and more specifically those in the Cemac zone, the economies seem to present symptoms of a liquidity trap in recent years, as evidenced by sluggish economic growth, high unemployment and low demand. On the basis of hypotheses derived from a theoretical model, an empirical estimate was used. The results of the model indicate that this phenomenon exists in the Cemac area and that monetary policy is ineffective, and therefore its treatment can only be envisaged through innovative fiscal stabilisation and recovery policies aimed at boosting the private sector, on the one hand, and promote a participatory public policy materialized by the implementation of a decentralization of economic power to actors of civil society, the sector and local elected officials. Such a reform would aim to improve the effectiveness of public policies in a context of uncertainty and poverty....
Economics plays a pivotal role in the world and not only in terms of the ways in which societies produce, distribute, and use scarce resources but also, and perhaps more importantly, how people can improve the quality of their daily lives through the efficient allocation of those scarce resources (SOAS, 2018). Within this broader endeavor, economists attempt to generate insights into the complex idea of “the economy” and analyze the individual and aggregate behaviors that shape and inform our economic activities (The Economic Times, 2021, November 10). The resultant frameworks for understanding economic behavior and enhancing people’s quality of life provide possible solutions for mitigating many of the world’s social and economic challenges including poverty, environmental destruction, and wealth redistribution. Although economists do not provide a miracle cure for resolving these challenges, they certainly increase the possibilities for engaging with and addressing them in creative ways (Dellink, Rob, & Ruijs, 2008)....
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